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Crew Shortage Poses Major Challenge to Restoring Ukrainian Grain Exports

Finding enough seafarers willing to sail ships stuck inside Ukraine’s ports is set to pose a major challenge to the proposed grains corridor designed...

Navios Partners Announces Acquisition of 36 Ships from Navios Holdings

Navios Holdings announced a definitive agreement providing for the sale of its 36-vessel drybulk fleet for an aggregate consideration of approximately $835.0 million consisting...

Ardmore reports record earnings for the second quarter

Ardmore Shipping Corporation announced results for the three and six months ended June 30, 2022. Highlights and Recent Activity Reported a net profit of $28.8 million...

Iranian tanker to retrieve oil cargo confiscated by US this week

An Iranian-flagged tanker anchored off Piraeus port is expected this week to retrieve part of its cargo which was confiscated by the United States...

Baltic index hits 2-week low on retreat across vessels

The Baltic Exchange’s main sea freight index fell for the third straight session on Wednesday, hitting a two-week low as rates across vessel segments...

Dalian iron ore extends rally as China industrial profits rebound

Dalian iron ore futures rose on Wednesday after data showed profits at industrial firms in China, the world’s top steel producer and consumer, had...

Seaway 7 Awarded Transport & Installation Cables Contract offshore US

Seaway 7 is pleased to announce that it has been awarded a sizeable contract for the transport and installation of inner-array grid cables on...

Iron ore scales two-week high on China demand hopes

Iron ore prices touched two-week highs on Tuesday, extending a rally on hopes that improving margins at Chinese steel mills and Beijing’s support for...

DSME back to work to meet ship delivery after 51-day strike ends

South Korea’s debt-ridden Daewoo Shipbuilding & Marine Engineering Co. (DSME) is skipping the regular summer break to keep up with the delivery schedule after...

Intermodal Weekly Market Report [W29]

Amid the upcoming ban on Russian coal from the EU, which will be in full effect on August 10th, EU nations have been accelerating...

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Hapag-Lloyd raises outlook for third time on strong freight rates

German container shipping group ​Hapag-Lloyd raised its full-year earnings outlook for the third time ‌this year on Wednesday, citing strength in freight rates and...

Flex LNG reports strongest third quarter on record

Flex LNG reported third quarter 2026 results.

Teekay Tankers reports third quarter 2026 results; Declares dividend

Teekay Tankers Ltd. reported the Company's results for the quarter ended September 30, 2026.

HMM posts 1.4 trillion won profit, fivefold jump

South Korea’s largest shipping company, HMM, reported an operating profit of nearly 1.4 trillion Korean won in the third quarter of this year. Compared...

Okeanis Eco Tankers Corp. – Unaudited Condensed Financial Results for the Third Quarter and Nine-Month Period of 2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the third quarter and nine-month period of 2026, which are attached to this...

IMO Secretary-General calls on States to enforce maritime rules in the Strait of Hormuz

The Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has called for...

Corfu surpasses 1 million cruise passengers for first time, setting historic record

The Corfu Port Authority has surpassed the milestone of 1 million cruise passengers for...

Russia says it hit three cargo ships in Black Sea

Russia said on Sunday overnight strikes by its forces had hit three cargo vessels...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

AD Ports Group posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

PPA completes establishment of new subsidiary

Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway. The development follows an earlier...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...